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European hotel deals hit €16 billion in 2005 (EUR)

Last year saw a record €16 billion in single asset and portfolio hotel transactions representing the strongest figures to date; comfortably surpassing 2004s total by 42%. A report produced b ...

AICI has a new President and a new Executive Board of Directors (IT)

AICI, the Italian Society of Property Advisors and Corporate Executives, elected on 24 February in Milan (Italy) the new Executive Board of Directors.The President is Giovanni Zavagli (see photo), re ...

Arena City Center delivers mall concept to Bacau (RO)

Increasing foreign investment in Eastern Romania is driving more and more domestic or international investors to start considering the local real estate developments. Thus, in several years time, nume ...

Züblin aiming to achieve REIT status for its French subsidiary (CH)

The Züblin Immobilien Group is aiming to achieve the status of a tax-efficient Real Estate Investment Trust (Société d'Investissements Immobiliers Cotée - SIIC) for its French subsidiary, Züblin ...

New COO at Oppenheim KAG (DE)

The Supervisory Board of Oppenheim Kapitalanlagegesellschaft mbH, Cologne, has appointed Dr. Holger Sepp (40) Chief Operating Officer (COO) of Oppenheim KAG with effect from 1 March 2006.Dr. Sepp will ...

Hammerson plc: results for the year ended 31 December 2005 (UK)

Highlights: - Net rental income from the investment portfolio increased by 6.0% on a like-for-like basis. - Adjusted net asset value per share (EPRA basis) increased by 30.9% to 12.37, reflecting a c ...

DTZ valuation instruction - Infopark sale in Budapest (HU/DE)

DTZs Hungarian valuation team has completed what the most prestigious valuation instruction in the market for some years - the valuation of the IVG portfolio on behalf of the buyer, HGA Capital, and i ...

Aberdeens Swedish fund raises SEK 200 m in first closing (SE)

Aberdeen Property Investors has raised SEK 200 million in the first closing of its Swedish property fund, providing the fund with SEK 500 million to invest in Swedish real estate with a balanced and w ...

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